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SLAM DRILLS MORE COPPER MINERALIZATION AT GOODWIN (click to learn more)
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Hut 8 Corp HUT

Alternate Symbol(s):  T.HUT

Technology Software - Application
Hut 8 Corp. is a data mining company. The Company is a vertically integrated operator of large-scale energy infrastructure and bitcoin miner. The Company acquires, designs, builds, manages, and operates data centers that power compute-intensive workloads, such as bitcoin mining, high performance computing, and artificial intelligence (AI). The Company operates through four business segments: Digital Assets Mining, Managed Services, High Performance Computing-Colocation and Cloud, and Other. Its infrastructure portfolio includes about eighteen sites: nine Bitcoin mining, hosting, and Managed Services sites in Alberta, New York, Nebraska, and Texas, five high performance computing data centers in British Columbia and Ontario, and four power generation assets in Ontario. Its Managed Services business provides institutional partners such as digital asset mining site owners, governments, and data center developers an end-to-end partnership model for energy infrastructure development.


NDAQ:HUT - Post by User

Hut 8 Corp > Stupid dilution so that they can maintain 100% hodl
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Comment by SevenMon Aug 18, 2022 9:56am
293 Views
Post# 34904512

RE:RE:RE:Stupid dilution so that they can maintain 100% hodl

RE:RE:RE:Stupid dilution so that they can maintain 100% hodl
frankgorshin wrote: Have an inkling someone wants to squire Hut and they are positioning themselves to fend this off , or they want to acquire another miner like DMGI to boost their ESG profile since they got thrown under the bus by Kevin OLeachy .


Interesting thoughts, thanks!

Bottom line, companies need money to run.  Selling btc at the lows makes poor business sense.  HODLing and good management of prior atm(s) got HUT to where they are now.  Few miners have a better looking balance sheet.

Go HUT!!  :D

Seven.
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